Leapmotor

Zhejiang Leapmotor Technology Co., Ltd.
Hanyu Pinyin	Zhèjiāng Língpǎo Kējì Gǔfèn Yǒuxiàn Gōngsī
Website	www.leapmotor.com

Zhejiang Leapmotor Technology Co., Ltd., trading as Leapmotor (Chinese: 零跑汽车; pinyin: Língpǎo Qìchē; lit. 'Leap car'), is a Chinese startup automobile manufacturer headquartered in Hangzhou, China, specializing in developing electric vehicles. The company was founded in 2015, and sold its first vehicles in 2019. In 2023, Stellantis acquired 20 percent stake of Leapmotor, and plans to sell Leapmotor vehicles in Europe.

History

Leapmotor was founded in December 2015 and is based in Hangzhou, China.

On June 13, 2018, at CES Asia, Leapmotor announced that the first domestically made

autonomous vehicles, and features the capability of deep learning and leading computing power.^[2] The company vertically integrates high margin components by developing and building its own components such as electric traction motors, vehicle CPU, and LED lighting.^[3]

In October 2018, Leapmotor announced plans to roll out 3 new models over the span of 2018 to 2021, including the LP-S01, the LP-T03 and the LP-C11, based on the S, T and C vehicle platform respectively.[4]

In June 2019, the first product, the

Guangzhou Auto Show. At that time, the company had raised RMB 380 million in capital, and construction of the factory had started. The S01 was initially shown as the LP-S01 coupe earlier in 2018.^[5] The first deliveries occurred of the S01 in June 2019.^[6]^[7]

In May 2020, Leapmotor and state-owned Chinese automaker FAW forged a strategic partnership to jointly develop intelligent electric vehicle models. The agreement also involves the joint cooperation on R&D, manufacture, production and application of intelligent electric vehicle core parts, and the further research on the development of key basic technologies and the innovation of production measures.^[8]

On May 11, 2020, Leapmotor officially launched its second mass-production EV, the

city car. The vehicle was launched with a total of 3 models, the price range after subsidy is 65,800-75,800 yuan (~US $9,280 – US $10,691). The Leapmotor T03 is equipped with a battery pack with a capacity of 36.5 kWh, and a 403 km (250 mi) NEDC cruising range.^[9]

In November 2020, Leapmotor officially launched the third mass-production EV, the

C-More concept. The C11 is powered by dual electric motors jointly rated at 400 kW (536 hp) and 720 N⋅m (73.4 kg⋅m; 531 lb⋅ft) of torque. The Leapmotor C11 have around 600 km (373 mi) of driving range.^[10]

Expansion and cooperation with Stellantis

In August 2023,

Leapmotor C10, was unveiled.^[12]

Later, Stellantis announced that Leapmotor cars would join the group's European portfolio in 2024 as the 15th brand. Positioned as a manufacturer of affordable electric cars, Leapmotor aims to strike a balance between basic technological innovations and pricing.

FCA Poland plant in Tychy.^[14]

Products

Current models

Name	Introduction (cal. year)	Vehicle description
T03	March 2020^[15]	City car, BEV
C11	December 2020^[16]	Mid-size SUV, REEV/BEV
C01	May 2022^[17]	Mid-size sedan, REEV/BEV
C10	September 2023^[18]	Mid-size SUV, REEV/BEV
C16	April 2024^[19]	Full-size SUV, REEV/BEV